Nigeria Wins Bid to Host Africa Energy Bank, Beats SA, Ghana, Others

Nigeria has won its bid to host the Africa Energy Bank (AEB) headquarters. The Minister of…

REA Signs MoUs with Havenhill and 4 Others to Deliver 1,265 MW

The Rural Electrification Agency (REA) has signed several Memoranda of Understanding (MoUs) with five private developers,…

REA and Mercy Corps Sign MoU to Strengthen REUCS in Nigeria

The Rural Electrification Agency (REA) has formalized a strategic partnership with Mercy Corps through a Memorandum…

World Bank Targets $20 Billion in Annual Guarantees

The World Bank Group launched a new loan and investment guarantee platform on Monday, July 1,…

Africa50 and IRENA Forge Renewable Energy Partnership

Africa50 and the International Renewable Energy Agency (IRENA) have announced a $100 million partnership to advance…

InfraCredit Receives “AAA” Credit Rating for 7th Year

On July 2, 2024, Global Credit Ratings (GCR) reaffirmed InfraCredit’s “AAA” credit rating for the seventh…

BAT Nigeria Inaugurates Solar Power Plant in Ibadan

British American Tobacco (BAT Nigeria) has launched a solar power plant at its Ibadan facility. This…

Africa50 Pledges $100m for Renewable Energy Projects in Africa

Africa50, a pan-African infrastructure investor and asset management group, has pledged to commit $100 million to…

Green Wheels: Nigeria’s Road to a Sustainable EV Future

Nigeria is pivotal to embracing electric vehicles (EVs) as the global automotive industry shifts towards sustainable…

Egypt’s $10 Billion Wind Power Project Delayed Until 2026

The construction of a $10-billion wind power project in Egypt, one of the world’s biggest, will…